Balboa Park Plaza — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Diego, CA 92103
  • Size: 52,180 SF
  • Year built: 1988

Description

Market Context

This office in San Diego, CA is listed for lease across 52,180 SF. The building dates to 1988. It has been on the market for 113 days. Compare it against other office listings for lease in San Diego, CA — view the full market.

As of Q1 2026, the San Diego office market showed rents up 5.4% year over year, and cap rates around 3.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in San Diego?
About 3.8% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$0.66/SF/mo – $0.90/SF/mo

Mid: $0.78/SF/mo

Estimated total for 52,180 SF: $40,700 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

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